Bot Projects Based On Risk-sharing Model Of Concession Pricing

The project financing and constructing patterns of BOT have widely applying space. It is the key of project success that BOT products are made price in reason. It is not mature of studies in chartering price that are usually base on working cost and not consider other problems which lead heavy burden to government. Otherwise, many partner to share risks and other influential factors result in much warp that is important reason which lead BOT projects to failure with high ratio.Based on hereinbefore problems, this paper uses the method of criterion and demonstration research and determining the nature and quantifying research to complete hereinafter work.This paper discusses the benefit and risk between government and investors and brings forward benefit relation of government group, investors group and third group. BOT project risk is classified into enable-quantify and unable-quantify risk. It is discussed that enable-quantify risk how effects project benefit and price in detail. It is discussed BOT project risk is shared between government group and investors group.This paper builds the pricing model of BOT product on the base of risk shared. It is put forward a suit of method to calculate enable-quantify risk. The innovation of the model is that it considers sufficiently the risk of demand providing inflation interest rate and exchange rate works on income rate and price.The study can assist to confirm product price of BOT project as a new calculating method. Because of being short of scientific and reasonable decision-making methods, charting price model can be used for reference by government and corporation.